World News

Wärtsilä Power Plant Upgrade and Extension will Enable Production Expansion for Largest Gold Mine in Senegal

August 16, 2022/Alesia Communications The technology group Wärtsilä will supply an 18 MW extension to the power generating facility and upgrade the electrical and automation system of the existing power plant at the Sabodala-Massawa gold mine complex in Senegal, West Africa. The mine is owned by Endeavour Mining, a leading […]

Macro: Further Slowdown in Global Growth

August 5, 2022/InvestmentOne Report Please click to view the July 2022 Macro & Markets Update   In its July edition of World Economic Outlook (WEO) report titled “Gloomy and More Uncertain”, the International Monetary Fund (IMF) cut its global growth forecast for 2022 and 2023 to 3.20% y/y and 2.90% […]

US Fed Announces Individual Capital Requirements for Large Banks, Effective October 1

August 4, 2022/US Federal Reserve Following its stress test earlier this year, the Federal Reserve Board today announced the individual capital requirements for all large banks, effective on October 1. Large bank capital requirements are in part determined by the Board’s stress test results, which provide a risk-sensitive and forward-looking […]